People are routinely on high alert when it comes to the potential for mistakes that can have negative financial consequences. Strangely enough, many of the same individuals are not as careful when it comes to inheritance planning matters. In an effort to raise awareness, we will highlight a few estate planning traps that often ensnare the unwitting. Ongoing Procrastination A 2019 survey that was conducted by Caring.com underscores the widespread phenomenon of estate planning unpreparedness. … [Read more...] about Avoid These Inheritance Planning Traps
Any time you would like to access information about any facet of estate planning, we invite you to visit our website. We have accumulated a rather extensive digital library of free special reports that cover all areas of estate planning and elder law. One of these reports examines the dangers of DIY estate planning. There are websites out there that sell generic legal documents including estate planning devices. There are things that can go wrong when you use a download or worksheet to create … [Read more...] about Be Aware of the Dangers of DIY Estate Planning
There are a lot of things that can be accomplished online, but you probably want to think twice before planning your estate using a download or worksheet that you get off the Internet from one of the web-based marketers. These sites offer tools that you can use to create a revocable living trust. We can get into the details regarding why you may want to steer clear of DIY legal documents, but we would like to make a different point here. All trusts are not created equal. Different trusts are … [Read more...] about Is DIY Trust Creation Wise?